Westpac economists are now forecasting that the Reserve Bank will leave its official cash rate at current levels at its next Monetary Policy Statement in June.

Christchurch

Auckland

IRG sells FUM Business; Plan B settles with Fowler; Wanted: Code Committee members

Auckland

Macquarie Private Wealth NZ has a new addition to its Wellington-based financial advisory team.

Members of the Mercer Super Trust KiwiSaver scheme can now choose to invest in the AMP Capital Responsible Investment Leaders Balanced Fund, with Mercer adding the RI investment option in response to growing demand.

In the first significant KiwiSaver consolidation since the superannuation scheme began, IRIS and Gareth Morgan KiwiSaver have announced they are teaming up to provide the IRIS-GMK scheme.

UPDATED:

Hamilton

Bank of New Zealand (BNZ) is hoping to raise at least $150 million from New Zealand retail and wholesale investors.

Christchurch